The Ant Group logo and the Alibaba Group logo are displayed at the company’s headquarters in Hangzhou, China. Backed by Chinese e-commerce giant Alibaba, Ant plans to list simultaneously in Hong Kong and on Shanghai’s STAR Market in the coming weeks. The listing could be the world’s largest initial public offering, surpassing the record set by Saudi Aramco’s $29.4 billion float last December. The IPO would also be the first simultaneous listing in Hong Kong and on the year-old STAR Market in Shanghai. […] He called for setting up a new, inclusive and universal financial system that benefits small companies and individuals and drive future growth.
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